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"This is not a normal recession. The recessionary part of this you're going to see down the road... You will see the effect of this recession. You're just not going to see it right away because of all the stimulus" JPMorgan CEO Jamie Dimon

$JPM Jamie Dimon on the strange times we are in: "In the normal recession, unemployment goes up, delinquencies go up, charge-offs go up, home prices go down, none of that's true here...Savings are up, incomes are up, home prices are up...So it's just very peculiar times." @CNBC 

Goldman CFO does not want to follow Jamie Dimon into the breach and declare an imminent halving of trading revs: "I don't think any of us are in a position to make such a declarative judgments about the exact direction of trading revenues in the second half of the year."

"This is not a normal recession...the recessionary part of this, you're going to see down the road." - Jamie Dimon

They call Zuckerberg "arrogant" (and I'm not disagreeing), but then will have on Larry Summers or Jamie Dimon and kiss their ass, with no sense of irony.

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I’m just as thrilled to be giving billionaire Joe Lubin free taxpayer money as I was to give to Jamie Dimon, who became a billionaire thanks to these free money transfers from taxpayers.

@ErikVoorhees  @ConsenSysL  @shapeshiftL  @IOHK_CharlesC  @BittrexExchangeThat ’s what Jamie Dimon and Lloyd Blankfein argued when they too received billions in taxpayer bailouts. I’ll keep you posted on how much my taxes increase next year to pay for this.

(adapted from Jamie Dimon's famous remark that Davos is where billionaires talk to millionaires about the working class)

Update: JPMorgan Chase also maintains dividend, but CEO Jamie Dimon says: "If there is a significant deterioration in the future outlook, the Firm will, of course, consider reducing dividends."

Wall St issues with race go deep. Started with red-lining and then the bank derivative led 2008 crisis impacted black and brown people disproportionately. Jamie Dimon kneeling and donating $$$ to the right politically connected charities changes nothing.


Most relevant

. outlined the budget of a single mother who works as a Chase bank teller, and asked JPMorgan CEO Jamie Dimon for solutions for the mother's over-$500 shortfall. Dimon did not have a response

JP Morgan CEO Jamie Dimon made more than $31 million last year, but many of his employees can barely make ends meet. Kudos to for so brilliantly calling out this hypocrisy.

WOW!! All eyes are on @jpmorgan  in the @FT  today! We're calling on them to stop funding climate destruction and green their trillions! Will CEO Jamie Dimon follow the lead of @blackrock  and @GoldmanSachs ? @wef  @Davos  #wef20  #Davos  #Davos20202 #wef2020020 20

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. challenged big bank CEO Jamie Dimon to pay his workers a living wage by literally showing him the math

Capitalism for the working class: -Skyrocketing drug prices -Inaccessible health insurance -Low wages -Unaffordable rent -Burdensome debt Capitalism for billionaires like Jamie Dimon: -Giant tax cuts -Monopolies -Record CEO pay -Runaway profits -Taxpayer-funded bailouts

That's funny. Jamie Dimon seemed fine with corporate socialism when his bank got a $416 billion bailout from American taxpayers.

Jamie Dimon is the billionaire CEO of a Wall Street bank that was fined $13 billion for mortgage fraud, paid a settlement for bribing foreign officials and received a $416 billion taxpayer bailout. Jamie. Thanks so much for your advice.

“The Chinese say (about Trump’s Trade War & Tariffs), ‘he brought us to the table.’ This is the most prosperous economy the world has ever seen, and it’s going to be a very prosperous economy.” Jamie Dimon on @60Minutes  Thank you President Trump & the Republican Party!

The problem with banker Jamie Dimon running for President is that he doesn’t have the aptitude or “smarts” & is a poor public speaker & nervous mess - otherwise he is wonderful. I’ve made a lot of bankers, and others, look much smarter than they are with my great economic policy!

Howard Schultz (worth $3 billion), Michael Bloomberg ($48 billion), and Jamie Dimon ($1.3 billion) all now flirting w/ running for prez because Trump showed anyone can win w/ enough money, gall, and BS. But Trump also showed America the consequences of making such a person prez.